IDEAS home Printed from https://ideas.repec.org/a/eaa/aeinde/v1y2001i2_2.html
   My bibliography  Save this article

Econometric model of Services Sector Development and Impact of Tourism in Latin American Countries

Author

Listed:
  • Aguayo, Eva
  • Exposito, Pilar
  • Lamelas, Nelida

Abstract

Over recent decades some Latin American countries have experienced an important development due to the positive effect of tourism on the services sector. Our model relates tourism with the increase of Value-Added in services, taking into account other important variables which influence the evolution of this sector and explain the important differences among developed and less developed countries. Besides tourism, the industrial evolution is also very important to improve the development of services through some inter-sector relations. The model suggests that some stagnation of services development in many countries is due largely to a lack of industrial investment, specially in countries with a low level of tourism. Our main conclusions are that both factors, industry and tourism, need to be increased generally to contribute to development of employment and production of the services sector. .

Suggested Citation

  • Aguayo, Eva & Exposito, Pilar & Lamelas, Nelida, 2001. "Econometric model of Services Sector Development and Impact of Tourism in Latin American Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 1(2).
    • Handle: RePEc:eaa:aeinde:v:1:y:2001:i:2_2
    as

    Download full text from publisher

    File URL: http://www.usc.es/economet/reviews/aeid122.pdf
    Download Restriction: No
    ---><---

    References listed on IDEAS

    as
    1. Guisan, M.Carmen & Exposito, Pilar, 2002. "Education, Industry, Trade and Development of African Countries in 1980-99," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 2(2), pages 85-107.
    2. Gardella, Rodrigo & Aguayo, Eva, 2002. "Impacto economico del turismo en el Mercosur y Chile (1990-2000)," Estudios Economicos de Desarrollo Internacional, Euro-American Association of Economic Development, vol. 2(1).
    3. Guisan, M.Carmen & Aguayo, Eva & Exposito, Pilar, 2002. "Relaciones intersectoriales en Latinoamerica en el periodo 1980-99: un analisis econometrico," Estudios Economicos de Desarrollo Internacional, Euro-American Association of Economic Development, vol. 2(1), pages 7-26.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Guisan, M.Carmen & Aguayo, Eva, 2002. "Education, Industry,Trade and Development of American Countries in 1980-99," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 2(1), pages 83-106.
    2. Elvis Mujacevic & Ana Vizjak & Andrea Cindric, 2011. "Evidence On The Impact Of International Finance Corporation Tourism Investment On Latin American And Caribbean Economies," Global Journal of Business Research, The Institute for Business and Finance Research, vol. 5(5), pages 45-60.
    3. Eva Aguayo & Pilar Exposito & Emilia Vazquez, 2006. "Potential Tourism Market in Transition Countries: A Regional Analysis," ERSA conference papers ersa06p743, European Regional Science Association.
    4. Guisan, M. Carmen, 2005. "Human Capital, Population Growth and Industrial Development in Mexico and Turkey: A Comparative Analysis with Other OECD Countries, 1964-2004," Economic Development 85, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. AKA, Bedia François, 2016. "Quantitative Impacts Of Basic Income Grant On Income Distribution In Cote D’Ivoire: Time To Change Our Societies," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 25(1), pages 159-170.
    2. Brida, Juan Gabriel & Pereyra, Juan Sebastián & Such, María Jesús & Pulina, Manuela, 2011. "Causalidad entre turismo y crecimiento económico de largo plazo: una revisión crítica de la literatura econométrica [Causality between tourism and long-term economic growth: a critical review of th," MPRA Paper 37332, University Library of Munich, Germany, revised 2011.
    3. GUISAN, Maria-Carmen, 2017. "Manufacturing And Economic Development In The World For 2000-2015: Main Features And Challenges," Revista Galega de Economía, University of Santiago de Compostela. Faculty of Economics and Business., vol. 26(3), pages 73-88.
    4. GUISAN, Maria-Carmen & AGUAYO, Eva, 2017. "Employment, Wages And Economic Development In Mexico And The United States, 1965-2015: Impact Of Industry And The Effects Of Nafta," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 17(2).
    5. Guisan, M.Carmen & Exposito, Pilar, 2002. "Education, Industry, Trade and Development of African Countries in 1980-99," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 2(2), pages 85-107.
    6. AKA, Bedia F. & GUISAN, Maria-Carmen, 2017. "Cutting Poverty Rate Using Basic Income Grant And International Cooperation In Cote D’Ivoire And Other Western Africa Countries," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 17(1), pages 101-112.
    7. Diana C. Neves & António J. Fernandes & Elisabeth T. Pereira, 2015. "Determinants of Touristic Attraction in Portuguese Regions and Their Impact on GDP," Tourism Economics, , vol. 21(3), pages 629-648, June.
    8. Juan Gabriel Brida & Bibiana Lanzilotta & Fiorella Pizzolon, 2016. "Dynamic relationship between tourism and economic growth in MERCOSUR countries: a nonlinear approach based on asymmetric time series models," Economics Bulletin, AccessEcon, vol. 36(2), pages 879-894.
    9. Ronald Ravinesh Kumar & Peter Josef Stauvermann & Arvind Patel & Nikeel Kumar & Selvin Prasad, 2016. "Exploring the Nexus Between Tourism and Output in Cook Islands: An ARDL Bounds Approach," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(3), pages 1085-1101, September.

    More about this item

    JEL classification:

    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • F0 - International Economics - - General
    • L8 - Industrial Organization - - Industry Studies: Services

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eaa:aeinde:v:1:y:2001:i:2_2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: M. Carmen Guisan (email available below). General contact details of provider: http://www.usc.es/economet/eaa.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.